As more providers experiment with these tools, they'll find better ways to leverage them. As more providers experiment with these tools, they'll find better ways to leverage them. (Photo: Shutterstock)

Digital transformation has revolutionized many industries. Thanks to new technology, businesses are constantly finding new ways to better serve their customers. This is particularly true in the insurance sector.

Although many established insurance providers have been slow to innovate, the emergence of dynamic new startups has begun to yield major shifts in the industry. Everything from affordable renters insurance to car insurance plans is now widely available, changing the landscape of the space. Here are some of the more noteworthy ways digital transformation has changed how insurance providers operate.

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